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Terms Used In Texas Election Code 253.097

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Property: means real and personal property. See Texas Government Code 311.005

A corporation or labor organization may make campaign contributions from its own property to a political committee that has filed an affidavit with the committee’s campaign treasurer appointment in accordance with Section 252.003(a)(4) or 252.0031(a)(2).